870 words (10 minutes reading time) by Colin Weatherby
I was talking to a former colleague recently and she described the decision making by her new CEO as ‘OECD’. I asked her what she meant. She said that when faced with any decision, the CEO would look for solutions that are:
O = obvious (i.e. he won’t have to explain the decision because it will be obvious to everyone).
E = easy (i.e. easy to act on the decision and within his capability to implement it).
C = cheap (i.e. it won’t cost any more money to act on the decision or it will immediately cost less).
D = done (i.e. when action has been taken, the result will be obvious to everyone).
I asked her how this was working out for her.
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